Forthcoming changes to the Federal Reserve’s rate-setting framework are unlikely to influence officials’ current decisions.

Federal Reserve Chair Jerome Powell on May 7 said "the economy is doing fine" during a news conference after the Federal Open Market Committee announced it would keep its key rate steady at 4.25% ...

At the moment, Powell said, there’s too much uncertainty ... “The combination of the two-sided risk assessment and the ...

Watch Powell’s remarks in our player ... “The combination of the two-sided risk assessment and the characterization of the economy as solid suggest the Committee is not looking to tee up ...

For now, most economic data remains strong, even as Powell acknowledged that consumer ... “and then we'll be able to make a better assessment of what the appropriate path for monetary policy ...

Risks of higher unemployment and higher inflation have risen, according to the Federal Reserve. Those factors may prompt ...